Retail Space with Pedestrian
For Lease
Contact for pricing
640 S Mill Ave, Tempe, AZ 85281
Retail space in a walkable environment with high pedestrian foot traffic and strong daytime population nearby.
Property Size1,000 SF
Days on Market51
Property Features for 640 S Mill Ave
General Information
Standard status
Active
Size
1,000 SF
Property subtype
RETAIL
Listing Agency:
Edge Realty Partners - Phoenix
(480) 650-8434
Listed By:
LeDonna Spongberg
(480) 650-8434
Source:
Moodyscre
Added: Jun 11
Changed: Jul 27
Last Checked: Jul 30 at 9:30AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Edge Realty Partners - Phoenix
Investment Insights
Based on property information with market context.
This retail space is positioned in a vibrant, walkable street environment supported by high volume pedestrian foot traffic.
The area shows substantial daytime population of approximately 612,000 within a 5-mile radius. The property is also part of the City of Tempe’s $20 million Mill Ave Renovation Project.
In addition, there are 1,378 hotel rooms within one mile of the property, spanning delivered and ongoing development activity over the past 36 months.
The area shows substantial daytime population of approximately 612,000 within a 5-mile radius. The property is also part of the City of Tempe’s $20 million Mill Ave Renovation Project.
In addition, there are 1,378 hotel rooms within one mile of the property, spanning delivered and ongoing development activity over the past 36 months.
Key Highlights
- Walkable street environment with high‑volume pedestrian foot traffic
- Extremely high daytime population of +612,000 within a 5‑mile radius
- Part of the City of Tempe’s $20 million Mill Ave renovation project
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
2,482
Businesses Nearby
202k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 74%
Apparel 9%
Shops & Services 9%
Leisure 6%
Chick-fil-A
Dining
33,031 visits/mo
0.2 miles
Chili's Grill & Bar
Dining
28,362 visits/mo
0.3 miles
Chipotle Mexican Grill
Dining
18,614 visits/mo
0.4 miles
Jack in the Box
Dining
13,708 visits/mo
0.1 miles
AMC Centerpoint 11
Leisure
13,061 visits/mo
0.1 miles
Demographics for 85281, AZ
69,218
Population
32,475
Households
2.1
Avg Household Size
26
Median Age
49%
College-Educated
91%
High-School Grad
13.3 sq mi
ZIP Area
5,204
Density / Sq Mi
$59,084
Median Household Income
$32,805
Median Earnings
$1,531
Median Rent
$364,200
Median Home Value
Market
Lease Benchmarks for Tempe, AZ
$16.38 /SF/Yr
Avg Asking Price
$15–$18 /SF/Yr
Price Range
61,201 SF
Avg Space Size
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail space in a walkable environment with high pedestrian foot traffic and strong daytime population nearby.
Where is this retail space located?
The property is located at 640 S Mill Ave Tempe, AZ.
What are key features of this property?
This property features: Walkable street environment with high‑volume pedestrian foot traffic; Extremely high daytime population of +612,000 within a 5‑mile radius; Part of the City of Tempe’s $20 million Mill Ave renovation project
